Best Price-Action Strategy to trade XAUUSD and XAGUSD

@godspowerdan - 2 months ago

Yeah. i did put that high into consideration too. still expecting price to push for a break of that high, just maybe not today.

I guess price is heading higher... It may react from an order block above

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@godspowerdan - 2 months ago

It's currently reacting at that high. but not strongly. I'll watch out if the currently 1hr will close above it or not.

Look above to spot an orderblock where It could react from

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@nsg_usd - 2 months ago

Yeah, that means the buys may likely be short term

BTC- Update- Price formed a 1hr double bottom at the support zone and continued it's rally.

@asuquokelvin @godspowerdan

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@nsg_usd - 2 months ago

Yeah, that means the buys may likely be short term

BTC 3rd Quarter Projection

Price has been bearish all through the first half of the year. I'm expecting strong bullish rally this second half of the year. From this 6 months chart, i'm expecting BTC to rally back to $70,000.

@godswillfx @asuquokelvin @israeljasspu @godspowerdan

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@nsg_usd - 2 months ago

I guess price is heading higher... It may react from an order block above

XAUUSD Trade Projection
TREND: Bullish.
Analysis: Price is closing below the 4135 price level as expected today. a break above that level will rally price to the next level target @ 4165-4170. tomorrow. A completion of this volume pattern today, will give price the balance it needs to continue it's rally tomorrow.

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@nsg_usd - 2 months ago

Price is still dancing around that zone

Price needed to create a double bottom for balance at that zone before it can push, which it finally did.

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@nsg_usd - 2 months ago

XAGUSD (SILVER) TRADE PROJECTION
TREND OVERVIEW: Overall Bearish, Internal Bullish
Market Structure: Bullish reversal pattern.
Timeframe: D1, 4hr, 1hr, 15mins

Technical Outlook: On the Daily, Despite bullish activities that started June ending, Price is still confined to a bearish trend channel, and has been struggling to breakout and above it. Invalidation of the trendline is going to confirm the Daily is fully bullish.

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@nsg_usd - 2 months ago

XAGUSD (SILVER) TRADE PROJECTION
TREND OVERVIEW: Overall Bearish, Internal Bullish
Market Structure: Bullish reversal pattern.
Timeframe: D1, 4hr, 1hr, 15mins

Technical Outlook: On the Daily, Despite bullish activities that started June ending, Price is still confined to a bearish trend channel, and has been struggling to breakout and above it. Invalidation of the trendline is going to confirm the Daily is fully bullish.

Silver 4hr- Price has been creating series of higher highs, and higher lows, but made a sharp decline at the 63,000 price region which confluences with the daily bearish trendline. Today price created a low at the 57,50-58,00 support region.

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@nsg_usd - 2 months ago

XAGUSD (SILVER) TRADE PROJECTION
TREND OVERVIEW: Overall Bearish, Internal Bullish
Market Structure: Bullish reversal pattern.
Timeframe: D1, 4hr, 1hr, 15mins

Technical Outlook: On the Daily, Despite bullish activities that started June ending, Price is still confined to a bearish trend channel, and has been struggling to breakout and above it. Invalidation of the trendline is going to confirm the Daily is fully bullish.

Silver 1hr- Trade Setup
With a strong Low created at 57.50-58.00, and a break above 59.50, I'll expect a rebound of this level to create a right shoulder of this pattern. for the buy continuations tomorrow.

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@nsg_usd - 2 months ago

XAGUSD (SILVER) TRADE PROJECTION
TREND OVERVIEW: Overall Bearish, Internal Bullish
Market Structure: Bullish reversal pattern.
Timeframe: D1, 4hr, 1hr, 15mins

Technical Outlook: On the Daily, Despite bullish activities that started June ending, Price is still confined to a bearish trend channel, and has been struggling to breakout and above it. Invalidation of the trendline is going to confirm the Daily is fully bullish.

Silver 15mins- Price has formed a 15mins Bullish channel, and currently on a pullback leg to retest the channel trend support. completion of the pullback will signal price is ready to begin the next bullish impulse move.

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@israeljasspu - 2 months ago

BTC 3rd Quarter Projection

Price has been bearish all through the first half of the year. I'm expecting strong bullish rally this second half of the year. From this 6 months chart, i'm expecting BTC to rally back to $70,000.

Good view am bullish too

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@asuquokelvin - 2 months ago

BTC- Update- Price formed a 1hr double bottom at the support zone and continued it's rally.

Price has just confirmed it's bullislh move above 63882.11

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@asuquokelvin - 2 months ago

XAUUSD Trade Projection
TREND: Bullish.
Analysis: Price is closing below the 4135 price level as expected today. a break above that level will rally price to the next level target @ 4165-4170. tomorrow. A completion of this volume pattern today, will give price the balance it needs to continue it's rally tomorrow.

The next session should confirm the bias. A strong hold above 4135 after the volume pattern completes would support continuation, but rejection at that level could signal another liquidity grab before the next move.

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@godspowerdan - 2 months ago

XAUUSD Trade Projection
TREND: Bullish.
Analysis: Price is closing below the 4135 price level as expected today. a break above that level will rally price to the next level target @ 4165-4170. tomorrow. A completion of this volume pattern today, will give price the balance it needs to continue it's rally tomorrow.

Gold is showing bearish interest

I'm expecting price to break lower for more confirmation

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@godspowerdan - 2 months ago